Iceland
Country indicators
Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
News
Green taxation can help us recover from the Covid-19 crisis. Here’s how
Raising taxes during an economic downturn might seem counterintuitive but it could be the key to Covid-19 recovery. The secret lies in which taxes to raise: when it comes to impacts on the economy, jobs, and the environment, not all taxes are created equal.
Nordic countries prioritise fossil fuel subsidy reform
9 November 2017 – In April 2017, prime ministers of the Nordic countries launched a joint initiative – Nordic Solutions to Global Challenges. Fossil fuel subsidy reform was presented as
Fisheries Policy Reform National Experiences (OECD)
Much has been done over the years to improve fisheries management in OECD countries. Ongoing problems of over-fishing, overcapacity and the economic crisis intensify the need for reform. Although there
Reports
The Political Economy of Biodiversity Policy Reform (OECD)
This OECD report provides insights on the political economy of biodiversity related policy reforms. It draws on existing literature and four new case studies covering the French tax on pesticides,
Taxing Energy Use 2015 (OECD)
This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80% of global energy use. The
OECD-IEA inventory of fossil fuels and other support
The OECD-IEA Inventory of Support Measures for Fossil Fuels provides updated fossil fuel support data for 34 OECD member countries and six partner countries, including a number of measures applied